ATR President Grover Norquist was guest on Fox Business Network’s Kudlow show today for a discussion of the $3.5 trillion reconciliation bill being pushed by congressional Democrats.
Norquist noted that the burden of the proposed corporate tax rate increase will fall on workers:
“The American people get that when you have higher corporate taxes, that is largely paid for by lower wages and lower wage increases in the future. It is also paid for in higher prices and in less competitive production in the United States compared to China or Europe.”
Kudlow also played a portion of ATR’s upcoming television ad, pointing out the problems with the enormous tax and spending proposal.